🚨 $SOL Alert: Short Liquidation of $6.9K at $222.68! 🚨
The bears just got squeezed as $SOL hit $222.68, triggering short liquidations worth $6,903.10! This shows bulls might be back in control. What’s next for $SOL? Let’s dive in!
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Market Analysis & Strategy
1. Buy Zone (Wait for the Dip):
$215 - $220 is a good accumulation range if $SOL retraces.
2. Target Levels (Take Profit Gradually):
Short-Term Target: $230
Mid-Term Target: $245
Long-Term Target: $260
3. Stop Loss (Protect Your Capital):
Set your stop loss below $212 to limit downside risk.
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Why SOL Could Surge Higher
Short Liquidation Signal: When shorts get liquidated, it often triggers further upward momentum as buyers gain confidence.
Technical Strength: SOL breaking $222 indicates it’s testing a key resistance zone. If it flips this level into support, it could accelerate quickly toward $230 and beyond.
Volume Spike: Recent trading volume shows increased activity, hinting at a major move coming.
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Pro Tip:
Watch for rejection near $225 - $230. If Sol consolidates above $222, it’s a sign of strength. Stick to your plan, don’t FOMO, and stay disciplined with your stop-loss placement.
💡 What’s your next move? Are you buying the dip or waiting for confirmation? Let the charts guide you!
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